The United India Insurance Company is one of the leading general insurance providers in India. The company is one of the oldest and one of the most reliable insurance companies which understands the need for car insurance and thus offers insurance products which are designed to cater to the different section of the society.
Offering its policyholders a wide array of products which works on satisfying the customers, United India Car Insurance policy takes care of the customers while driving. But if you are looking for an affordable car insurance alternative to United India, then this article will help you find the best alternatives.
Car insurance can be an expensive burden. It’s important to do your research to find the best car insurance rates possible. By comparing rates and using discounts, you can save up so much on your car insurance policy a year depending on where you live and how much you drive. .To calculate the savings you can make, it’s easy to use our car insurance cost calculator. Simply enter in how much you drive, what state you live in, and some quick information about your vehicle.
| Company |
United India Car Insurance |
| Claim Settlement Ratio |
77.12% |
| Cashless Garages |
2000+ |
| Solvency ratio |
1.41 |
| Branches |
1900+ |
| Claims settled |
82.93% |
|
- Quick and Easy approval of Claims Settlement
- Easy renewal options
- Multiple discounts
- Convenient paperless procedure.
|
Who are the Competitors for United India Car Insurance?
The list of the top 10 best car insurance alternatives for United India is an ever-changing list. The availability of different providers and the changing environment of a market has led to this change in the ranking.
With new companies entering the market and new regulations being put into place, it is difficult to predict what will happen in the future. The best companies for car insurance are state-specific. Comparing prices and coverage amounts can help you find the company that is right for you.
The United India car insurance is one of the most popular and affordable car insurance in India. However, there are a number of other options available for customers who are looking for better rates. Here is a list of the top 10 United India car insurance alternatives:
- Magma HDI Car Insurance
- Shriram Car Insurance.
- National Car Insurance
- New India Assurance Car Insurance
- Edelweiss Car Insurance
- IFFCO TOKIO Car Insurance
- Raheja QBE Car Insurance
- Oriental Car Insurance
- Universal Sompo Car Insurance
- SBI Car Insurance
Find the Cheapest Affordable Car Insurance in India:
To find the cheapest affordable car insurance in India follow the below steps:-
- Compare premium rates
- Select a car insurance company
- Get quotes from other companies.
The Best Car Insurance Alternatives in the Market for United India:
The insurance industry is constantly changing and evolving with new technologies and innovations. In the past, insurance companies have been able to offer competitive rates because they didn’t have to worry about competition. However, with the introduction of new technology, there are now new players in the market that can provide more competitive rates for their customers.
| Car Insurance Company |
Awards |
| Magma HDI |
Golden Peacock Award for Risk Management |
| Shriram |
Excellence in Growth Award |
| National |
Economic Times-BFSI Best Brands - all round Excellence in General Insurance Category. |
| New India Assurance |
Skoch award customer service order of merit |
| Edelweiss |
Innovative use of Technology |
| IFFCO TOKIO |
Mahatma Award |
| Raheja QBE |
- Emerging Brand of the Year Award.
|
| Oriental |
Best General Insurance - Public |
| Universal Sompo |
The Best BFSI Brands of 2021 |
| SBI |
Gold Honour at DIGIXX Awards |
Top 10 Alternatives & Competitors of United India Insurance:
Explore the best alternatives to United India for users who need new features or want to try different solutions. Other important factors to consider when researching alternatives to United India include reporting and price.
1. Magma HDI Car Insurance
Why we choose it?
Magma HDI is worth considering as your top choice. The company offers reputable service, a wide selection of coverage and cheap car insurance rates, according to our rate estimates.
Key Features:
- Claim Settlement Ratio: 82.35%
- Cashless Garages: 1300+
- Solvency ratio: 1.79
- Branches: 200+
- Claims Settled: 10 Lakhs.
Benefits:
- Save time
- Get better price
- Easy and convenient process
- Trained professionals at your service.
Plans:
- Third party liability
- Comprehensive car insurance.
2. Shriram Car Insurance
Why we choose it?
Shriram as the best car insurance for customizable premiums because of its Name Your Price tool, which allows drivers to shop for coverage according to their budget.
Key Features:
- Claim Settlement Ratio: 79.43%
- Cashless Garages: 2000+
- Solvency ratio: 3.63
- Branches: 3850+
- Claims Settled: 2.08 Lakhs.
Benefits:
- 24x7 Hassle-free claim process
- Survey and assistance within a day
- Simple claim procedure
- Updated claim status.
Plans:
- Personal Accident cover
- Third party car insurance
- Comprehensive cover
- Long-term car insurance.
3. National Car Insurance
Why we choose it?
The company is one of the oldest insurance players offering multiple insurance policies to fulfill the different needs of the customers.
Key Features:
- Claim Settlement Ratio: 78.55%
- Cashless Garages: 3100+
- Solvency ratio: 0.62
- Branches: 373+
- Claims Settled: 2.3 Lakhs.
Benefits:
- 24x7 emergency assistance
- Quick & Hassle-free Claim Assistance
- Easy to make a claim
- Excellent customer support.
Plans:
- Private car liability policy
- Private car package policy.
4. New India Assurance Car Insurance
Why we choose it?
New India car insurance from New India Assurance Company Limited, a wholly-owned subsidiary of the Government of India, serves millions with the help of its effortless cashless garage facilities across the country and 24x7 customer supports. The company has come out with multiple plans at reasonable prices to cater to the different needs of customers.
Key Features:
- Claim Settlement Ratio: 78.2%
- Cashless Garages: 3000+
- Solvency ratio: 2.13
- Branches: 2214+
- Claims Settled: 3.73 Lakhs.
Benefits:
- 24x7 claim assistance
- The quick and hassle-free claim settlement process
- Digital insurance process for the paperless system.
Plans:
- Standalone compulsory personal accident cover
- Standalone own damage cover
- Private Car policy
- Third-party liability car policy.
5. Edelweiss Car Insurance
Why we choose it?
Edelweiss offers decent car insurance rates for all car owners and many helpful add-on coverages. The level of complaints against it for car insurance is very low, making it a company to check out if you’re shopping for car insurance.
Key Features:
- Claim Settlement Ratio: 93.38%
- Cashless Garages: 2000+
- Solvency ratio: 2.09
- Branches: 100+
- Claims Settled: 20 Lakhs.
Benefits:
- Good customer support
- Priority services at preferred workshops
- Quick claim settlement.
Plans:
- Third Party private car liability
- Third party + own damage private car liability.
6. IFFCO TOKIO Car Insurance
Why we choose it?
The company has many optional offerings that can give you better insurance protection, making it a good choice to look at when comparison shopping.
Key Features:
- Claim Settlement Ratio: 84.04%
- Cashless Garages: 4300+
- Solvency ratio: 1.73
- Branches: 200+
- Claims Settled: 8.61 Lakhs.
Benefits:
- Instant digital copy of the policy
- Quick and hassle-free claim settlement
- On-road protector coverage
- Surveyors for immediate claim initiation.
Plans:
- Third Party liability
- Comprehensive car insurance
- Own damage cover
- Personal accident cover.
7. Raheja QBE Car Insurance
Why we choose it?
Raheja QBE Insurance shines with its optional coverage options, its claims process and low level of complaints, which helps it overcome only average rates.
Key Features:
- Claim Settlement Ratio: 100.51%
- Cashless Garages: 1300+
- Solvency ratio: 3.66
- Branches: 100+
- Claims Settled: 16 Lakhs.
Benefits:
- Quick claim settlement process
- Readily available customer support
- Instant policy issuance and faster process.
Plans:
- Private car insurance policy
- Compulsory personal accident to owner-driver.
8. Oriental Car Insurance
Why we choose it?
The company provides great and innovative products for its customers. Oriental Car Insurance Plans have been deliberated to gratify the need for protection cover for our cherished vehicle.
Key Features:
- Claim Settlement Ratio: 81.83%
- Cashless Garages: 2000+
- Solvency ratio: 1.40
- Branches: 1800+
- Claims Settled: 18 Lakhs.
Benefits:
- Premium Discounts
- Cashless repair facility
- Excellent customer service.
Plans:
- Private Car Insurance Plan
- Commercial Car Insurance Plan
- Liability Only Plan.
9. Universal Sompo Car Insurance
Why we choose it?
The company is well known for its high customer ratings and affordable coverage options, including accident forgiveness. However, it has strict eligibility requirements and not everyone qualifies for coverage.
Key Features:
- Claim Settlement Ratio: 87.96%
- Cashless Garages: 3500+
- Solvency ratio: 1.90
- Branches: 86+
- Claims Settled: 1.11 Lakhs.
Benefits:
- Quick claim settlement
- Instantaneous purchase
- Wide range of add-ons
- 24x7 claim assistance
- Robust customer support system.
Plans:
- Third party car insurance
- Comprehensive cover.
10. SBI Car Insurance
Why we choose it?
SBI has good coverage offerings and a top score for its collision repair claims processes. These advantages offset SBI’s car insurance rates, which are a mixed bag depending on your driving record.
Key Features:
- Claim Settlement Ratio: 86.01%
- Cashless Garages: 5000+
- Solvency ratio: 2.00
- Branches: 137+
- Claims Settled: 6.23 Lakhs.
Benefits:
- Easy and hassle-free purchase process
- 24x7 claim assistance.
Plans:
- Own damage car insurance
- Third party car insurance
- Personal accident cover.
PolicyBachat insurance market is huge and offers a wide range of car insurance plans at economical rates. At present, several insurance companies provide reliable car insurance plans. The insurers offer unique features and personalized facilities to cater to different sorts of customer needs.
Compare Quotes
Conclusion:
There are several steps you can take to find the best car insurance for you. Narrow down your list of companies to those that have a strong customer service reputation. From there, if you want to get the best value for your money, you should compare rates among these insurance companies to see whether some quote you at a much more affordable rate than others. Ultimately, you will have to decide what part of the insurance experience you value the most and pick a company based on that criteria.
Best car insurance products in India analysis based on affordability, customer satisfaction and financial stability. But the best car insurance company for you may depend on your driver profile and where you live. Many insurance companies with strong ratings for claims service and overall customer satisfaction also offer some of the most affordable rates on average.